💥 $FET Long Liquidation: Bulls Crushed at $1.35066! 💥
🚨 A significant $5.8713K long position has been liquidated at $1.352, sending shockwaves through the FET market. This marks a critical turning point as bearish pressure forces a shakeout of leveraged positions.
Key Liquidation Details:
Type: Long Position
Value: $5,871.30
Liquidation Price: $1.35066
Current Market Insights for $FET :
🔻 Bear Domination: Sellers are in control, dragging the price below key levels and causing liquidations to cascade.
🔺 Bulls on the Backfoot: Buyers must act swiftly to reclaim $1.35066 and stabilize the market.
🌪 Heightened Risk: This liquidation hints at increasing volatility, making the next moves critical for traders.
What’s Next for $FET?
Bullish Path: A swift recovery above $1.35066 could restore confidence and attract dip buyers.
Bearish Outlook: Continued downward momentum might target deeper support zones, increasing the risk of further liquidations.
🔥 $FET traders, buckle up! The market is in the heat of battle, and this could be the start of a wild ride. Will the bulls rise to the challenge, or will bears tighten their grip? Stay tuned!